Diamondrock Hospitality Co (NYSE: DRH) on Tuesday, soared 0.57% from the previous trading day, before settling in for the closing price of $8.70. Within the past 52 weeks, DRH’s price has moved between $7.74 and $9.99.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 22.76%. The company achieved an average annual earnings per share of -3.48%. With a float of $201.91 million, this company’s outstanding shares have now reached $209.63 million.
Let’s determine the extent of company efficiency that accounts for 33 employees. In terms of profitability, gross margin is 36.27%, operating margin of -4.55%, and the pretax margin is 6.48%.
Diamondrock Hospitality Co (DRH) Breakdown of a Key Holders of the stock
Observing investor behavior towards REIT – Hotel & Motel industry stocks is more important than anything else. The insider ownership of Diamondrock Hospitality Co is 2.58%, while institutional ownership is 104.15%.
Diamondrock Hospitality Co (DRH) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.12 earnings per share (EPS) for the period topping the consensus outlook (set at 0.1) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 53.00% during the next five years compared to -3.28% drop over the previous five years of trading.
Diamondrock Hospitality Co (NYSE: DRH) Trading Performance Indicators
Diamondrock Hospitality Co (DRH) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.65. Likewise, its price to free cash flow for the trailing twelve months is 13.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.29, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.47 in one year’s time.
Technical Analysis of Diamondrock Hospitality Co (DRH)
Looking closely at Diamondrock Hospitality Co (NYSE: DRH), its last 5-days average volume was 1.39 million, which is a drop from its year-to-date volume of 1.86 million. As of the previous 9 days, the stock’s Stochastic %D was 27.58%. Additionally, its Average True Range was 0.19.
During the past 100 days, Diamondrock Hospitality Co’s (DRH) raw stochastic average was set at 69.90%, which indicates a significant increase from 29.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.58% in the past 14 days, which was lower than the 24.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.75, while its 200-day Moving Average is $8.78. However, in the short run, Diamondrock Hospitality Co’s stock first resistance to watch stands at $8.81. Second resistance stands at $8.87. The third major resistance level sits at $8.97. If the price goes on to break the first support level at $8.65, it is likely to go to the next support level at $8.55. Now, if the price goes above the second support level, the third support stands at $8.49.
Diamondrock Hospitality Co (NYSE: DRH) Key Stats
Market capitalization of the company is 1.82 billion based on 207,258K outstanding shares. Right now, sales total 1,075 M and income totals 86,340 K. The company made 309,280 K in profit during its latest quarter, and 24,530 K in sales during its previous quarter.
